Search Results
Journal Article
Whom Will Opportunity Zones Help?
Opinion: Whom Will Opportunity Zones Help?
Journal Article
Opportunity Zones: Understanding the Background and Potential Impact in Northeastern Illinois
This article offers a primer on: Opportunity Zones, highlighting the designation process for census tracts in northeastern Illinois; Qualified Opportunity Funds (QOF) ? the vehicle that will facilitate investment in designated areas; and finally, how QOFs will help facilitate the goals of the Chicago Metropolitan Agency for Planning?s ON TO 2050 Plan.
Journal Article
Opportunity Zones: More Money, More Problems?
The promise and pitfalls of a new financing model for distressed communities
Working Paper
CRE Development Potential and the Selection of Opportunity Zones
Place-based policies are often caught between two potentially conflicting aims: (i) directing aid to needy communities and (ii) spurring investment. We study this tradeoff in the context of the Opportunity Zones (OZ) program. Leveraging unique phase-level microdata on commercial construction projects, we show that US state governors prioritized designating tracts where construction projects were already being planned. About two-thirds of the greater construction growth in OZs can be attributed to this selection. States prioritizing tracts with greater investment opportunities observed larger ...